Under PM Modi, world feels this is India's moment – but needs less rhetoric, more reforms and strong Intellectual Property rights : Patrick Kilbride, Executive Director of International Intellectual Property at the US Chamber of
Updated on: 10 Jun 2016
Patrick Kilbride is Executive Director of International Intellectual Property at the US Chamber of Commerce's Global Intellectual Property Center (GIPC). As PM Modi made a humorous remark about yoga not claimed yet as India's Intellectual Property (IP) while visiting America, Kilbride spoke with Srijana Mitra Das about the vital importance of IP, US expectations from India now – and America's Presidential polls:
GIPC's International IP Index ranks India 37th amongst 38 nations studied. Now, India's IP Policy is out. What are notable positives and drawbacks?
The establishment of a National IP Policy underscores the importance of innovation and intellectual property protections to India's economic growth.
While the policy may be light on details, committing to an IP-supported, innovation-driven future is a break from attitudes of the past. We are encouraged by the Policy's attempt to raise awareness and provide critical resources to targeted communities – this will foster an environment where Indians can innovate, create and benefit from the protections under IP laws. However, awareness and increased enforcement training cannot themselves fix weak IP laws – current laws unreasonably limit what can be protected and fail to make rights-holders whole due to infringement.
India must address these needs, beginning with online enforcement mechanisms and deterrent-level penalties – if it wishes to drive innovation, protect trade secrets and effectively combat piracy.